Vineland New Jersey Residential Rent and Rental Statistics
The median monthly gross residential rent in Vineland, NJ (the Vineland-Millville-Bridgeton metro area) was $1,143 in 2019 according to the Census ACS survey.1 Average gross rent in Vineland was $1,054 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Vineland median and average rent data will be released in September of 2021.
Data is also available below for Vineland rental vacancy rates, Vineland rent as a percent of median income and the fraction of renters in Vineland.
Real Gross Rent in Vineland New Jersey (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| New Jersey Median Gross Rent | $1,376 | +1.18% | +5.60% |
| Vineland, NJ Median Gross Rent | $1,143 | +6.52% | +11.84% |
Vineland, NJ Real Gross Rent Trends
At $1,143, real median gross rent in Vineland was at its highest level in 2019 since the series began in 2005. At $1,054, real average gross rent in Vineland was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Vineland: Vineland NJ Median, Vineland NJ Average, New Jersey Median, US Median
Real Gross Rent History for Vineland
| Date | US Median |
New Jersey Median |
Vineland, NJ Median |
Vineland, NJ Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,376 | $1,143 | $1,054 |
| 2018 | $1,077 | $1,360 | $1,073 | $1,019 |
| 2017 | $1,043 | $1,324 | $1,086 | $1,009 |
| 2016 | $1,027 | $1,303 | $1,022 | $995 |
| 2015 | $1,017 | $1,288 | $1,040 | $983 |
| 2014 | $986 | $1,269 | $999 | $996 |
| 2013 | $953 | $1,233 | $1,012 | $935 |
| 2012 | $940 | $1,221 | $1,023 | $965 |
| 2011 | $941 | $1,226 | $1,034 | $1,000 |
| 2010 | $955 | $1,245 | $1,009 | $913 |
| 2009 | $960 | $1,263 | $996 | $981 |
| 2007 | $927 | $1,205 | $960 | $882 |
| 2005 | $910 | $1,169 | $894 | $800 |
Vineland Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Vineland New Jersey was 3.63% according to Census ACS data.
Rental Vacancy Rate in Vineland New Jersey
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| New Jersey | 4.23% | -0.19% | -0.79% |
| Vineland, NJ | 3.63% | -0.65% | +0.88% |
Trends in Vineland, NJ Rental Vacancy Rate
The rental vacancy rate in Vineland peaked in 2012 at 10.25%. Since then it has fallen by 6.62% to 3.63%. Data records for this series originated in 2005. From a 2016 post peak low of 2.75%, the rental vacancy rate has increased by 0.88%.
Rental Vacancy Rate: Vineland NJ, New Jersey, US
Historical Rental Vacancy Rate data for Vineland
| Date | US | New Jersey | Vineland, NJ |
|---|---|---|---|
| 2019 | 5.97% | 4.23% | 3.63% |
| 2018 | 6.15% | 4.42% | 4.28% |
| 2017 | 6.18% | 4.45% | 2.92% |
| 2016 | 5.89% | 5.02% | 2.75% |
| 2015 | 5.85% | 5.65% | — |
| 2014 | 6.32% | 6.09% | — |
| 2013 | 6.49% | 6.18% | 6.60% |
| 2012 | 6.77% | 5.96% | 10.25% |
| 2011 | 7.40% | 6.99% | 9.15% |
| 2010 | 8.17% | 7.51% | 5.87% |
| 2009 | 8.43% | 7.59% | 9.39% |
| 2007 | 7.87% | 6.30% | 7.89% |
| 2005 | 7.74% | 6.43% | — |
Rent as a Fraction of Income
Using median household income data for Vineland, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Vineland, median monthly gross rent as a fraction of median household income was 25.13% in 2019 according to the ACS.
Vineland New Jersey Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| New Jersey | 19.26% | -0.36% | -0.35% |
| Vineland, NJ | 25.13% | +1.17% | +1.28% |
Trends in Vineland, NJ Rent as a Fraction of Income
Vineland renters paid 25.13% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Vineland NJ, New Jersey, US
Historical Data for Annual Rent as a Fraction of Income in Vineland New Jersey
| Date | US | New Jersey | Vineland, NJ |
|---|---|---|---|
| 2019 | 20.03% | 19.26% | 25.13% |
| 2018 | 20.50% | 19.61% | 23.96% |
| 2017 | 20.13% | 19.24% | 24.01% |
| 2016 | 20.43% | 19.61% | 23.85% |
| 2015 | 20.63% | 20.17% | 22.92% |
| 2014 | 20.89% | 20.06% | 25.04% |
| 2013 | 20.78% | 20.03% | 25.08% |
| 2012 | 20.65% | 19.77% | 24.52% |
| 2011 | 20.70% | 20.19% | 22.28% |
| 2010 | 20.50% | 19.75% | 20.99% |
| 2009 | 20.12% | 19.46% | 21.42% |
| 2007 | 18.66% | 18.37% | 20.47% |
| 2005 | 18.89% | 18.19% | 18.63% |
Renter Fraction in Vineland New Jersey
You can calculate the renter fraction in Vineland in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Vineland as a fraction of total Vineland households. In 2019 34.18% of households were renters according to Census ACS data.
Vineland Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| New Jersey | 36.65% | +0.63% | -0.12% |
| Vineland, NJ | 34.18% | +1.67% | -5.02% |
Trends in the Vineland, NJ Renter Fraction
The Vineland household renter fraction peaked in in 2016 at 39.20% and is now 5.02% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Vineland NJ, New Jersey, US
History of Vineland Renter Fraction
| Date | US | New Jersey | Vineland, NJ |
|---|---|---|---|
| 2019 | 35.89% | 36.65% | 34.18% |
| 2018 | 36.05% | 36.02% | 32.51% |
| 2017 | 36.13% | 36.19% | 33.80% |
| 2016 | 36.88% | 36.77% | 39.20% |
| 2015 | 36.97% | 36.98% | 34.74% |
| 2014 | 36.90% | 36.74% | 38.09% |
| 2013 | 36.50% | 35.95% | 37.04% |
| 2012 | 36.09% | 34.93% | 32.08% |
| 2011 | 35.42% | 34.95% | 31.07% |
| 2010 | 34.65% | 33.59% | 33.88% |
| 2009 | 34.13% | 33.86% | 32.28% |
| 2007 | 32.80% | 32.73% | 30.49% |
| 2005 | 33.10% | 32.71% | 31.19% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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